I have devoted my summer of governance tips to talking about compliance. I have designed an acronym to help us achieve the goals that have been set by our organizations. The acronym is COMPLY.
C= communicate the policies,
O= observe behaviour to determine compliance.
M= measure the compliance.
P= prevent misbehaviour or provide penalties for bad behaviour.
L= leadership also known as tone at the top
Y = you can make a difference
Now that we have covered all of that, I want to provide a short checklist to get started and see if you can improve compliance in your organization. Here are the four steps:
· First – Identify all of your policies
· Second- Identify how you are communicating the policies
· Third – Observe and measure compliance, including at the leadership level
· Fourth – Decide if you need to establish either preventive measures or penalties to improve compliance and implement the changes
If you are following COMPLY in your organization, I believe you will see an improvement in your stakeholders following the policies. This should make it easier for the organization to achieve their goals.